NOT LISTED FOR SALE

Estimated Value: $558,000 - $674,000

1 Bed
1 Bath
1,116 Sq Ft
$563/Sq Ft Est. Value

Last Sold November 28, 2024

Last sale price $660,000 $591 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,626/month

22 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • 1-Story Property

About This Home

As of November 2024

Come see this charming Duplex in the city of Long Beach. Each a one Bedroom, one bath, live in one rent the other. Located near transportation, and shopping. Refrigerator, stove, microwave above range and stackable washer and dryer in front unit are included. Ideal for investment/Income property.

Last Agent to Sell the Property

Rebecca Garcia

Coldwell Banker Envision Brokerage Phone: 5626776578 License #01462606 Listed on: 10/04/2024

Coldwell Banker Envision

Co-Listed By

Tom Garcia

Coldwell Banker Envision Brokerage Phone: 5626776578 License #00978102

Last Buyer's Agent

Wendy Rich-Soto

Keller Williams Palos Verdes License #01311750

Keller Williams Palos Verdes

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 2,000 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre
  • Land Lease

Home Design

  • Duplex
  • Entry on the 1st floor
  • Raised Foundation

Interior Spaces

  • 1,116 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer

Parking

  • Parking Available
  • No Driveway
  • Off-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2116
  • Tax Tract Number 5134
  • Assessor Parcel Number 7133003021

Community Details

Overview

  • 2 Units
  • North Long Beach Subdivision

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $1,500
  • Trash Expense $300
  • Water Sewer Expense $600
  • Operating Expense $2,400
  • Net Operating Income $23,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Inclusions: Stove, Microwave refrigerator and stackable washer and dryer in front unit
  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Water Sewer Expenses: 600.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7133003021
  • Year Built: 1947
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 591.40

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: No Driveway, Off Street

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Laundry: Yes
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2000.00
  • Lot Size Acres: 0.0459
  • Latitude Manual: 33.84609700

Multi Family

  • Average1 Bed Area: 558 Square Feet
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 2000.0000 Square Feet
  • Net Operating Income: 23600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Operating Expense: 14400.00
  • Rent Control: Yes
  • Total Expenses: 2400.00

Tax Info

  • Tax Lot: 2116
  • Tax Tract Number: 5134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Nov 18, 2024
Sold by
Howard Traci Daniette
Bought by
Ostojic Hypatia and Ostojic Amparo
Seller's Agent
Rebecca Garcia
Coldwell Banker Envision
Buyer's Agent
Wendy Rich-Soto
Keller Williams Palos Verdes
List Price
$650,000
Sold Price
$660,000
Premium/Discount to List
$10,000
1.54%
Views
62
Current Estimated Value
$628,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,558
Avg. Annual Appreciation
-4.36%
Original Mortgage
$150,000
Outstanding Balance
$148,594
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$479,848

Purchase Details

Closed on
Jul 2, 2014
Sold by
8 Day Properties Inc
Bought by
Howard Traci Daniette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,409
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 2014
Sold by
Smith Richard L
Bought by
8 Day Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2002
Sold by
Smith Richard L
Bought by
Smith Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,515
Interest Rate
5.86%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ostojic Hypatia $104,545 Orange Coast Title Company
Ostojic Hypatia $104,545 Orange Coast Title Company
Howard Traci Daniette $255,000 Provident Title Company
8 Day Properties Inc $298,002 Provident Title Company
Smith Richard L -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ostojic Hypatia $150,000
Closed Ostojic Hypatia $150,000
Previous Owner Howard Traci Daniette $260,409
Previous Owner 8 Day Properties Inc $315,000
Previous Owner Smith Richard L $120,515
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/28/2024 11/28/24 Sold $660,000 +1.5% $591 / Sq Ft
10/26/2024 10/26/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $650,000 0.0% $582 / Sq Ft
06/01/2023 06/01/23 Rented $2,000 +3.9% --
05/23/2023 05/23/23 Price Changed $1,925 -3.8% $3 / Sq Ft
04/03/2023 04/03/23 Price Changed $2,000 -9.1% $4 / Sq Ft
03/22/2023 03/22/23 For Rent $2,200 0.0% --
09/12/2014 09/12/14 Sold $255,000 +2.4% $228 / Sq Ft View Prior Sale
06/27/2014 06/27/14 Pending -- -- --
03/01/2014 03/01/14 For Sale $249,000 -- $223 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,110 $650,000 $250,000 $400,000
2024 $4,110 $300,455 $82,475 $217,980
2023 $4,038 $294,564 $80,858 $213,706
2022 $3,795 $288,789 $79,273 $209,516
2021 $3,714 $283,127 $77,719 $205,408
2019 $3,661 $275,031 $75,415 $199,616
2018 $3,551 $269,645 $73,937 $195,708
2016 $3,269 $258,888 $71,067 $187,821
2015 $3,140 $255,000 $70,000 $185,000
2014 $1,606 $116,301 $62,445 $53,856
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24205832

California Regional Multiple Listing Service (CRMLS)

APN: 7133-003-021